RMG 0.00% 0.7¢ rmg limited

Now what?

  1. 10,543 Posts.
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    Had a great trade on RMG from the posted retracement at 3.5c to a rise that took it to 5c.

    Its been drifting back down with NIL interest over the last week or so and now has an enormous arbitrage of nearly 20% sitting between buyers and sellers.

    Might be one worth keeping an eye on i the event of any news - particularly if they put the rights away satisfactorily. There is no sign of panic by existing shareholders despite the dramatic crash in value so keep this one on your watchlist and maybe worth a punt with the risk funds at arouns 3.5 - 3.7 if you can get any......
 
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